Weekly Earnings Calendar: Facebook Faces the Music

McDonald’s (NYSE: MCD) kicked off another busy earnings week this morning, and the numbers weren’t great.

Profits at the world’s largest fast-food chain fell 4.5% in the second quarter despite 3.7% growth in same-store sales. However, that growth pales in comparison to the 7.3% sales increase the company saw in the first quarter.

The slower growth has translated to a 2.5% drop in McDonald’s shares this morning.

So it was an inauspicious start to the earnings week – at least if you were a blue-chip stock. Numerous other big-name companies are scheduled to report earnings this week. None will be more anticipated than Facebook (Nasdaq: FB).

The social network will report second-quarter earnings on Thursday – the first quarterly glimpse at the company’s balance sheet since it went public on May 18.

Given Facebook’s well-documented post-IPO struggles, its first public earnings report could – for better or worse – be a turning point for the stock.

Here are a few of this week’s other highly anticipated earnings reports:

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